While suppliers and third parties, continue to help organizations achieve profitability objectives, sustainable and predictable growth, and innovation, in recent times, they have also increasingly caused significant disruptions. These business disruptions have in turn, materially impacted the global supply chain, and the markets served by organizations. This raises the question - that are the current processes to evaluate supplier and third party risks sufficient in the current business environment? Should supplier risks be assessed using the same methods, processes, rules, measures, and technologies used to measure all other risks, as done in the past? What is the tangible, and measurable value of an assessment? After all, assessments serve more as a snapshot of past activities, providing a limited view of risks and their impact. Therefore, organizations need more actionable insights that help in making proactive decisions.
During this webinar experts will present a business case for redefining the process of assessment, and developing practices that more accurately reflect supplier risks, and the way global businesses operate supply chains.
Specifically, the webinar will cover:
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Mr. Lynch is a risk analytics based advisory firm, focused on helping senior business executives leverage uncertainty for competitive advantage. Formerly, Managing Director and Global Leader of Marsh’s supply chain risk practice. Spearheaded the development of new supply chain insurance coverage as well as a profitability-driven supply chain risk analysis. Served as a Partner for Booz Allen & Hamilton; Research Director and Market Analyst for Gartner Group’s Information Security Service; and Executive Director of the Office of Operational Risk, Business Continuity and Information Security at Chase and The Prudential. Founding member of the U.S. Department of Commerce’s Advisory Committee on Supply Chain Competitiveness and Senior Research Fellow at the R.H. Smith School of Business, University of Maryland. Authored three risk management books and named as 2017 “Thought Leader of the Year” by the Global Supply Chain Resiliency Council.
Ms. Srivastav comes with 6 plus years of experience in Supplier Governance. She is currently the Marketing Manager for MetricStream.
Ms. Sharma leads the marketing efforts for Audit and Risk Management Solutions offerings within MetricStream. She has over 9 years of experience primarily in consulting and marketing and was associated with the tax consulting practice for one of the big 4 consulting firms and have been engaged with multiple Fortune 500 organizations in this capacity. She has a Bachelor of Commerce (Honors) from Delhi University.